Nigeria Celebrates 53 Years of Independence

The LCCI has called for Nigeria to increase the diversification of its business as the country celebrates the 53rd year of its independence. Despite exporting huge amounts of oil, Nigeria still has to import petroleum due to a lack of refining facilities. This lack of energy has made it difficult for the country to diversify and the LCCI says this poses a risk of vulnerability. It added…

Our democracy has been generally stable and has been uninterrupted for 15 years. This is something positive that we tend to take for granted. The potentials that the economy offers are tremendous especially with our natural endowment in agriculture, solid minerals, oil and gas etc.